FISCAL NOTE
Date Requested: January 28, 2026
Time Requested: 04:44 PM |
| Agency: |
Public Service Commission |
|---|
| CBD Number: |
Version: |
Bill Number: |
Resolution Number: |
| 2861 |
Introduced |
HB4897 |
|
|---|
| CBD Subject: |
Public Safety; Utilities |
|---|
|
FUND(S):
SPECIAL
Sources of Revenue:
Special Fund
Legislation creates:
Creates New Expense
Fiscal Note Summary
Effect this measure will have on costs and revenues of state government.
Summarize in a clear and concise manner what impact this measure will have on costs and revenues of state government.
This bill provides for reimbursement to a public service district for utility credits given to a property owner that provided facilities on his property for the benefit of the public. The reimbursements is from the "West Virginia Tourism and Recreation Utility Credit Fund, which is established and administered by the Department of Commerce".
The Commission is unable to accurately estimate the financial impact on state expenses this bill will have. The Commission suggests that the Department of Commerce may be better suited to provide that estimate.
Fiscal Note Detail
| Effect of Proposal |
Fiscal Year |
2026
Increase/Decrease
(use"-") |
2027
Increase/Decrease
(use"-") |
Fiscal Year
(Upon Full
Implementation) |
| 1. Estmated Total Cost |
1,200 |
2,400 |
3,600 |
| Personal Services |
0 |
0 |
0 |
| Current Expenses |
0 |
0 |
0 |
| Repairs and Alterations |
0 |
0 |
0 |
| Assets |
0 |
0 |
0 |
| Other |
0 |
0 |
0 |
| 2. Estimated Total Revenues |
1,200 |
2,400 |
3,600 |
Explanation of above estimates (including long-range effect):
Please explain increases and decreases in personal services, current expenses, repairs and alterations, assets, other costs and revenues, including assumptions and data sources and delineation between start-up and ongoing costs. Please also include a long-range schedule of costs and revenues if fiscal impact is expected to vary in future years.
This bill provides for reimbursement to a public service district for utility credits given to a property owner that provided facilities on his property for the benefit of the public. The reimbursements is from the "West Virginia Tourism and Recreation Utility Credit Fund", which is established and administered by the Department of Commerce.
The Commission is unable to estimate the financial impact on state expenses this bill will have. The Commission suggests that the Department of Commerce may be better suited to provide that estimate.
The Commission estimates that 1 such property owner will construct facilities for public use in 2026, another in 2027 and a third in 2028. Reimbursements may total $1,000 per year for each such facility.
Memorandum
Please identify any areas of vagueness, technical defects, reasons a bill would not have a fiscal impact, and/or any special issues not captured elsewhere on this form.
N/A - Except that the Commission suggests that the Department of Commerce may be better suited to provide that estimate since it administers the Fund from which payments will be made.
Person submitting Fiscal Note: Robert Adkins, General Counsel
Email Address: radkins@psc.state.wv.us